Good points everyone...
Here are some figures:
Rental and lease market for cars is well above $4b dollars in Australia and that is just covered by 5 big players... we discussed these figures long ago... DMC is unique and growing hard and fast... if we see further growth a mere 10% growth from now onwards we will be cash flow positive or very close...
Caravan rental market in Australia is close to 200m per annum... however, caravan rental is very different... if we consider the caravans parked in front of houses doing nothing like 2 in my street, the market will be substantially higher...
Rentoid... is a pretty good idea although should not be a priority right now...
Peer pass can be developed as we go along...
Fundx a very good business... but I did not like 8% stake... cl8 need to focus on larger stakes and enjoy the first mover advantage...
Future growth... internally I would love to see cl8 developing a businedd related to renting boards and yachts... as we are already doing DMC and caravan... it will fit well
And another sector would be property... that would be huge if we can tap into that sector...
Cheers
Discussion Points, page-12
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